Europe
Israeli government approves some gas exports
Israel approved the export of 40% of natural gas from the country's offshore Leviathan reserve, opening the way for an inflow of billion of dollars into the domestic economy.
Polimeri Europa awards engineering deal to Jacobs for UK rubber expansion
Under the terms of the contract, Jacobs is providing EPCM services in collaboration with Polimeri Europa UK to support the installation of a new finishing line and the associated works. The expansion is expected to significantly increase Polimeri Europa UK’s rubber production capacity at Grangemouth.
Angola ships first LNG cargo from flagship project
Originally the plan had been to deliver the LNG from the plant to the US market, but the shale gas boom in the country has forced the company to look for new customers in Asia and Europe. Angola LNG said it has executed a large number of agreements with energy companies across the world.
Swiss group Glencore to enter Japan LNG market
LNG is traded under either long-term contracts that can span more than two decades or short term contracts of four years or less. Glencore will focus on short-term spot trading, giving it flexibility to switch customers based on prices and increase earnings. The firm will utilize its existing sales network.
Sasol awards engineering work to KBR for synfuels complex in South Africa
The EPCm services to be provided by KBR entail all the management services required in order to restore the integrity of the gaseous oxygen compressor. Financial details were not disclosed by the firms.
Shell lifts force majeure on gas supplies to Nigeria
NLNG, a joint venture between the Nigerian National Petroleum, Shell, Total, and Eni, had said the disrupted gas supply was the equivalent of 40%-50% of NLNG's usual total gas intake.
Technip wins process design work on new Finland biomass-to-liquid plant
Technip will develop the process design package of the hydrogen production unit of the plant, based on its steam reformer proprietary technology, and will prepare the FEED for the hydrogen production, Fischer-Tropsch synthesis and refining units. Work is scheduled to be completed in early 2014.
Phillips 66 to sell Ireland's only oil refinery
Phillips 66 is selling its downstream businesses in Ireland, including the Whitegate refinery in Cork. The move reflects the challenges refiners are facing in Europe, where lower demand for fuel and higher costs of feedstock have put pressure on profits and led some companies to close down plants.
IEA seeks new energy policy to cut GHG emissions
The International Energy Agency called on governments around the world to act to adopt better energy-efficiency measures, cut back on the use of inefficient coal-fired power plants, minimize methane emissions from oil and gas production, and accelerate the removal of fossil fuel subsidies.
Neste Oil to buy algae oils from Cellana to use as biofuels feedstock
The agreement will enable Neste Oil to purchase Cellana's algae oil for use as a feedstock in the future for producing renewable fuel. The deal is contingent on Cellana's future production capacity and on compliance with future biofuel legislation in the EU and US, among other factors.
- BASF and Yara end joint project for low-carbon ammonia at U.S. Gulf Coast 8/26
- U.S. jet fuel consumption growth slows after air travel recovers from pandemic slowdown 8/26
- ExxonMobil announces Group III base stocks production 8/26
- Saudi Arabia and India were biggest buyers of Russian fuel oil, VGO in July 8/26
- Russia raises August oil export plan after drone strikes continue to disrupt refineries 8/26
- Foundation Alloy debuts Molyclast—A new standard in high-performance refractory alloys 8/26
